Philippines Food & Drink Q1 2021

Philippines Food & Drink Q1 2021

Key View:

We believe that the Philippine food and drink sector will continue on a positive growth trajectory, despite a decelerationin food spending growth due to the high base effects in 2020 as consumers shifted their purchasing patterns amid high levels ofuncertainty due to Covid-19. We forecast non-alcoholic drinks spending growth to accelerate, driven by the strong demand forcoffee, tea and hot drinks. Alcoholic drinks consumption growth is projected to pick up in 2021 as household spending returns togrowth. Over the medium term (2021-2024), we forecast food and drinks spending growth to remain positive, supported improvingeconomic growth in 2021, ongoing government stimulus measures, better employment figures and increasing householddisposable incomes.


Key View
SWOT
Food & Drink SWOT
Industry Forecast
Food
Drink
Industry Risk/Reward Index
Asia Food & Non-Alcoholic Drinks Risk/Reward Index: Malaysia Tops Global Index, Indonesia In The Spotlight
Asia Alcoholic Drinks Risk/Rewards Index: Most Attractive Rewards Profile, Good Frontier Markets
Market Overview
Food
Drink
Mass Grocery Retail
Competitive Landscape
Company Profile
Alaska Milk Corporation
LT Group
Philippine Seven
San Miguel Food & Beverage
SM Investments
Universal Robina
Philippines Demographic Outlook
Food & Drink Glossary
Food & Drink Methodology

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